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a research product of the

M‐NCPPC │ R e s e a r c h + T e c h n o l o g y  C e n t e r
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MEDIAN HOME SALES PRICE (1982 to 2007)
Single‐Family Homes
Montgomery County, Maryland 

ALL HOMES DETACHED HOMES ATTACHED/TOWNHOUSES


YEAR new+existing new existing new existing MEDIAN HOUSEHOLD INCOME INFLATION RATE*
1982 $95,000  $124,000  $110,000  $78,500  $84,000  $37,484 
1983 $95,500  $123,000  $110,000  $82,500  $74,500  $39,154  4.5%
1984 $98,000  $142,500  $113,000  $80,500  $73,000  $41,844  4.9%
1985 $106,000  $147,500  $117,000  $90,500  $75,000  $44,148  4.2%
1986 $115,000  $166,445  $127,370  $93,200  $83,850  $46,745  2.8%
1987 $124,000  $180,840  $140,000  $105,350  $86,000  $48,917  3.6%
1988 $145,000  $230,900  $173,000  $118,990  $102,000  $51,693  4.1%
1989 $166,500  $287,000  $200,000  $145,450  $118,000  $54,089  5.8%
1990 $170 000 
$170,000  $318 090
$318,090  $207,000 
$207 000 $158,325 
$158 325 $126,000 
$126 000 $56,720 
$56 720 5.9%
5 9%
1991 $172,900  $309,035  $208,000  $146,000  $128,000  $58,501  4.1%
1992 $182,500  $309,863  $217,000  $185,735  $128,500  $60,441  2.5%
1993 $187,000  $319,840  $217,000  $180,890  $130,000  $59,085  3.2%
1994 $190,000  $319,500  $220,000  $180,300  $131,000  $60,886  1.9%
1995 $189,500  $343,783  $220,700  $199,605  $130,000  $62,738  2.0%
1996 $187,000  $312,500  $225,500  $169,900  $132,000  $66,085  2.8%
1997 $197,000  $343,295  $230,000  $174,000  $134,900  $66,299  1.8%
1998 $205,000  $361,742  $235,000  $218,622  $137,000  $69,862  1.3%
1999 $205,000  $364,195  $243,000  $212,217  $139,000  $71,551  2.1%
2000 $217,500  $390,670  $262,950  $262,384  $142,725  $74,930  3.3%
2001 $236,077  $436,458  $289,000  $265,380  $155,500  $76,713  2.6%
2002 $282,918  $481,286  $340,000  $277,978  $185,000  $78,647  2.3%
2003 $320,645  $590,760  $383,000  $367,200  $229,000  $80,962  2.8%
2004 $395,000  $666,540  $450,000  $427,501  $283,500  $83,880  2.8%
2005 $464,000  $764,678  $530,000  $499,298  $340,000  $87,765  4.0%
2006 $485,000  $881,600  $552,500  $518,510  $356,750  $91,663  3.7%
2007 $495,000  $896,917  $560,000  $464,482  $360,000  $95,494  3.5%

* Change in annual average Consumer Price Index (CPI) over prior year.

Source: M‐NCPPC Research & Technology Center, STAR System report ; U.S. Bureau of Labor Statistics, Consumer Price Index . 
Last updated: July 23, 2008

Montgomery County 
M A R Y L A N D
Planning Department